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ABU DHABI NEWS

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Abu Dhabi Executive Committee Prioritises Knowledge, Innovation
These initiatives aim at enhancing business competitiveness in Abu Dhabi, attracting investment and increasing economic opportunities. This will contribute to enhancing Abu Dhabi’s position as the capital of economic diversification and an incubator for innovators and economic future makers.

UAE-Saudi Non-Oil Trade Surges To AED720 bn By End Of H1
The UAE-Saudi non-oil trade has grown 1230 percent since the establishment of the GCC Customs Union in 2003 until H1 2018, according the statistics of the UAE Federal Customs Authority (FCA).

ADGM Signs MoU With Abu Dhabi Smart Solutions And Services Authority
Abu Dhabi Global Market, ADGM, has announced the signing of a strategic new Memorandum of Understanding, MoU, with Abu Dhabi Smart Solutions and Services Authority, ADSSSA.

Industrial Producer Price Index Increases By 13.4%
The key activities that contributed to the increase are the production of coke coal and refined oil products, whose prices rose by 29 percent, and chemical materials and products that increased by 29.2 percent.

Statement Of Humaid Matar Al Dhaheri, Group CEO Of ADNEC About The "Abu Dhabi International Hunting And Equestrian Exhibition (ADIHEX) 2018"
ADNEC has always been keen to provide the required support and infrastructure to ensure the success of the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) since its first edition in 2003.

UAE attains membership in Arab Union for Astronomy and Space Sciences
The selection of Al Ahbabi comes in light of the growing status of the UAE national space sector at the regional and international levels.

Abu Dhabi Global Market Issues Public Consult On Bank Recovery And Resolution Regime
The FSRA is proposing a tailored, risk-proportionate approach that effectively addresses the risks posed by the failure of any significant financial institution or a member of its financial group.

Federal Transport Authority Boosting Cooperation With World Road Association
Arrangements for hosting the XXVIth World Road Congress in Abu Dhabi from 6th to 10th October 2019 were also discussed.

UAE Gross Bank Assets Surge To AED2.8 Trillion By End Of August
The UAE gross bank assets amounted to AED2.8 trillion by the end of August 2018, 4.00 percent up from AED2.694 trillion by the end of December 2017, according to Central Bank of UAE statistics released today.

Export Unit Value Index In Abu Dhabi Up To 87.3 Percent In Q2
The Export Unit Value Index in the Emirate of Abu Dhabi was up to 87.3 percent during Q2, a growth of 7.6 percent from 81.2 percent during the same period in 2017, according to Statistics Centre- Abu Dhabi (SCAD).

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